A well-planned will is often the centerpiece of an effective
and thoughtful estate plan. When preparing or revising a will, one
makes important choices that make it possible to fulfill personal
wishes, such as:
- Distributing cash, investments, real estate, and personal property to family and other loved ones
- Providing property management for heirs who may not be prepared to manage their financial affairs
- Reducing taxes and estate settlement costs that could otherwise be due
- Making “gifts of a lifetime” to favorite charitable interests